On October 29, 1929, “Black Tuesday,” hit when America’s stock market on Wall Street sold over 16 million shares in a single day. The New York Stock Exchange lost billions of dollars, which further fueled what we now know as the Great Depression. The market lost nearly half of its value between “Black Monday and Black Tuesday,” but the decline began in late September, and then gradually kept dropping. It wouldn’t be until World War II for the country to climb out of the decade long Depression.
By - FZ
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